If a surprise bill, broken car, or emergency home repair hits your budget, a $300 loan can provide fast assistance. At ASAP Finance, you can complete our convenient application process online in minutes without any impact on your credit score. Fill out our simple form now and get the money you need today.
What Is a $300 Loan and How Does It Work?
A $300 loan is a small-dollar loan that offers quick, short-term assistance for unexpected expenses. It provides you with the funds upfront and typically requires repayment by your next paycheck, often within 14 to 30 days.
The main advantages lie in its accessibility and speed. Borrowers with any credit can request a $300 loan online with no faxing and no paperwork needed. The underwriting process typically takes less than 15 minutes and involves no credit check. Once approved, the money is deposited into an applicant's bank account within 1 business day. At ASAP Finance, you can also be eligible for same-day funding.
How to Get $300 Fast with ASAP Finance
Our loan process is made to be simple and straightforward:
Step 1: Fill out a form online or in-store to access your options. We only ask for basic information, so the process takes less than 5 minutes.
Step 2: Once approved*, review the terms and sign the loan agreement.
Step 3: Doe your project, with loan funds typically arriving within 1 business day*.
*Approval is not guaranteed and is subject to qualifications. Same-day deposits are typically available for approvals before 10:30 am on weekdays. Otherwise, loans are funded as soon as the next business day. Instant cash options are offered to applicants who write a check and receive funds on the spot.
What Do You Need to Apply?
Here is the information and documents we need to process your loan application:
- Full name, date of birth (to ensure you are at least 18 years old)
- Valid government-issued photo ID
- Social Security number
- Active bank account and routing numbers
- Proof of income
- Proof of address
- Contact phone number and email
- Your employer's contact details
How Much Does It Cost to Borrow 300 Dollars?
The cost of a $300 loan varies by state and a borrower's creditworthiness. On average, the finance charge starts at $10 for each $100 borrowed and may reach $30. Verification and origination fees of up to 10% may apply in some states per transaction. Here are representative cost examples for a 14-day $300 cash advance loan issued via ASAP Finance to qualified applicants:
| Cost per $100 | Finance Change | Total Amount Due | APR |
| $11 | $33 | $333 | 286.79% |
| $17 | $41 | $341 | 356.31% |
| $21 | $63 | $363 | 547.50% |
Short-term loans are subject to approval. Examples are provided for illustrative purposes only and may differ from the terms of your particular loan offer. Other loan amounts are available.
Other $300 Loan Options
If a payday loan does not work for your situation, there are a few other ways to get a loan for $300.
Personal Installment Loans
If you need a higher amount, a personal loan can provide you with money that can be repaid over 12 to 60 months in affordable installments. While traditional lenders usually require good credit, online loan providers often set more relaxed criteria. At ASAP Finance, you can get up to $10,000 with flexible terms and quick approval. However, the total cost of the loan is typically higher due to a longer repayment period.
Payday Alternative Loans
Offered by credit unions, these products are considered a safer alternative to traditional payday loans. They offer higher amounts of up to $2,000 and allow for repayment in installments over an extended period, usually up to 6 or 12 months. To get a payday alternative loan, you need to be a credit union member.
Cash Advance Apps
Cash advance apps usually offer small loans between $50 and $250, although some tools may allow you to borrow up to $500. They provide you with a portion of your already earned paycheck, often without charging any interest. The repayment is made automatically on your next paycheck. Some apps charge subscription and instant funding fees.
Credit Card Cash Advances
If you have a credit card with an available limit, you can get a $300 cash advance against its balance without any preliminary application or verification. All you need is to visit an issuer's store or ATM with your card. Just note that interest will accrue immediately, and a cash advance APR is usually higher than that on regular purchases. Withdrawal fees may also apply.
Buy Now, Pay Later
If you need money for a specific purchase, some apps may offer Buy Now, Pay Later (BNPL) options that allow you to split the cost of the item you buy into several bi-weekly payments. BNPLs often come with no interest rates, but extra fees for late or missed payments may apply. In most cases, you'll need to make the first payment upfront.
Credit Builder Loans
A credit-builder loan doesn’t provide you with the funds upfront but requires you to make scheduled payments. It serves like a savings account you can access only after full repayment. Each on-time payment is reported to credit bureaus, increasing your credit score. This option can be a great way to boost your FICO rating while building a $300 emergency fund.
Why ASAP Finance
ASAP Finance is your reliable way to get quick cash from a direct lender, regardless of your credit score. We operate under federal and state laws to ensure compliance with all consumer-protection regulations. Our goal is to support hard-working Americans who experience short-term money problems and help them reach a better financial future. Here's what we offer:
- Quick approval and funding for your urgent expenses.
- 24/7 support so that you can get a quick fix when unforeseen costs arise.
- Transparent policies and clear terms.
- No credit check loans for people with any credit background.
Our Commitment to Responsible Borrowing
At ASAP Finance, we want to be the starting point of your smart financial journey. Therefore, we encourage customers to make intelligent borrowing decisions.
Before applying for a loan, make sure the chosen option meets your needs. Short-term loans are designed for small emergencies only, so using them as a long-term financial solution may result in high total costs. Only borrow what you need and can comfortably repay on time without sacrificing necessities. Having a solid repayment plan is a must when you enter into any loan deal.
If you experience ongoing financial problems, consider government-backed assistance, hardship programs, or professional counseling.
See Why The Community Loves Us
People choose ASAP Finance for its speed, simplicity, and reliability. Our customers share their experiences of getting $300 loans online and how the process helped them handle urgent expenses with ease.
Quick and convenient
Kyle J.July 1, 2025
Will definitely use it again
Ernestina F.July 7, 2025
Fast money with no papers
Cassie D.July 15, 2025
FAQ
01
Can I get a $300 loan with bad credit?
Sure. Our loans suit people with bad or no credit due to their income-based nature. We assess your payment history and the ability to repay via alternative means and do not rely on your FICO rating.
02
Do you perform a credit check?
Our loans come with no credit check via major credit bureaus and do not affect your FICO score as long as you pay on time.
03
I need $300 now. How soon will I receive the funds?
On average, approved applicants receive their money as soon as the next business day. We also offer same-day funding options to applicants who finalize their loans before 10:30 am on a business day. If you need $300 now, you can also visit one of our physical locations and receive instant cash against a check right after approval.
04
What will happen if I do not repay on time?
Paying late may involve financial and credit consequences. Late and NSF fees usually apply. If your debt goes into default, it may be sent to collections, which will affect your credit score. Contact your lender before the due date if you experience problems with repayment. In some states, you may be offered a rollover or an interest-free payment plan.
05
Do I need collateral for a loan?
We only offer small personal loans that do not require collateral, so you do not risk losing your valuable assets.
06
Are there risks of getting a small loan?
A $300 loan often has short repayment terms and higher-than-average APRs, especially if you have bad credit. This way, it may be risky to obtain it without a strong repayment plan. Make sure the terms suit you before signing, only borrow what you need, and prioritize on-time repayment to avoid potential financial strain and debt cycles.
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